Property Overview: 60 Kings Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond is defined by a rare and substantial lot. At over 32,000 square feet, the land is exceptionally large, ranking in the top 1% of properties both within the neighbourhood and citywide. This offers immense potential for gardening, recreation, or future expansion. The house itself, built in 1970, is a comfortable 1,874 sqft residence with a renovated basement, placing it above average in size for the city. Its assessed value is notably strong for the Fort Richmond area, ranking in the top 5% locally, which suggests a well-maintained property in a desirable pocket of the neighbourhood.
The primary appeal lies in the unique balance of space and established location. Buyers get a family-sized home in a mature community, but the true value is the expansive, private yard—a luxury that is increasingly hard to find. It would perfectly suit a buyer looking for a long-term family home with room to grow outdoors, a hobbyist or gardener craving space, or a strategic investor who recognizes the inherent value in such a large, developable lot within the city. It’s a property for someone who sees beyond the interior square footage and values the potential of the land itself.
Frequently Asked Questions
1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than 99% of comparable residential properties in both Fort Richmond and the entire city. It is a truly standout feature.
2. The home was last sold in 2019. What might explain the increase in assessed value since then?
The significant jump in assessed value likely reflects the strong market appreciation for homes with substantial lots, combined with the value added by the basement renovation. It indicates the property has been upgraded and is in high-demand category for the area.
3. Is the lack of a garage a major drawback?
While a garage is a common feature, the exceptional lot size provides ample space to add a detached garage or workshop, subject to municipal permits. For some buyers, this is an opportunity to build exactly what they want.
4. How does the living area compare to nearby homes on Kings Drive?
At 1,874 sqft, the home is slightly below the average size for Kings Drive itself (approx. 2,053 sqft), but it is significantly larger than the average home in both Fort Richmond and Winnipeg overall. This suggests the street consists of larger-than-average homes.
5. The year built is 1970. Should I be concerned about major repairs?
A home of this age will require diligent maintenance, as with any property over 50 years old. However, its "above average" ranking for year built on its street indicates it is actually one of the newer homes in that specific grouping, which is a positive. A thorough inspection is always recommended.